Reminder - Algoma Central (ALC) Goes Ex-Dividend Soon

On 8/15/14, Algoma Central Corp. (TSX: ALC.TO) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 9/2/14. As a percentage of ALC's recent stock price of $16.00, this dividend works out to approximately 0.44%.

Below is a dividend history chart for ALC, showing historical dividends prior to the most recent $0.07 declared by Algoma Central Corp.:

ALC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALC is likely to continue, and whether the current estimated yield of 1.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALC shares, versus its 200 day moving average:

Algoma Central Corp. 200 Day Moving Average Chart

Looking at the chart above, ALC's low point in its 52 week range is $13.70 per share, with $17.18 as the 52 week high point — that compares with a last trade of $16.00.

In Wednesday trading, Algoma Central Corp. shares are currently trading flat on the day.

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